38CID entity constitutions

38 CID entity constitutions

38 CID entity constitutions

(1) The constitution of a CID entity must include the following—

(a) a code of conduct for members and committee members of the CID entity,

(b) a conflict of interest policy for committee members of the CID entity, including a policy relating to contracts between—

(i) a committee member and the CID entity, and

(ii) a person or body related to a committee member or to the CID entity and the CID entity,

(c) a provision prohibiting the payment of remuneration to a committee member of the CID entity,

(d) a provision prohibiting the CID entity from undertaking a service, activity or project referred to in section 42(1) or engaging in an activity referred to in section 42(2).

(2) For subsection (1)(b)(ii), the conflict of interest policy must include measures in relation to the following—

(a) a spouse, child and other family member of a committee member,

(b) a member of a committee member’s household,

(c) an employer or business partner of a committee member,

(d) an organisation controlled by a committee member or a person referred to in paragraphs (a)–(c), or over which a committee member or a person referred to in paragraphs (a)–(c) is reasonably likely to have significant influence,

(e) another individual, business or organisation reasonably likely to have control or significant influence over the CID entity.

(3) To avoid doubt, subsection (1)(c) does not prevent the reimbursement of expenses incurred by a committee member in the management of the affairs of the CID entity.

s 38: Ins 2025 (622), Sch 1[2].